Market Closed -
Japan Exchange
11:30:00 26/06/2024 am IST
|
5-day change
|
1st Jan Change
|
3,200
JPY
|
+0.31%
|
|
+2.56%
|
+0.95%
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,04,998
|
1,00,419
|
91,124
|
78,077
|
93,258
|
1,10,165
|
-
|
-
|
Enterprise Value (EV)
1 |
88,123
|
84,022
|
60,406
|
53,158
|
85,404
|
97,730
|
1,01,365
|
97,665
|
P/E ratio
|
11.9
x
|
9.42
x
|
9.4
x
|
14.7
x
|
11.8
x
|
12.5
x
|
12.1
x
|
11.5
x
|
Yield
|
2.56%
|
3.19%
|
3.21%
|
3.75%
|
3.4%
|
3.23%
|
3.13%
|
3.23%
|
Capitalization / Revenue
|
0.78
x
|
0.69
x
|
0.69
x
|
0.68
x
|
0.75
x
|
0.73
x
|
0.75
x
|
0.72
x
|
EV / Revenue
|
0.65
x
|
0.58
x
|
0.45
x
|
0.46
x
|
0.69
x
|
0.69
x
|
0.69
x
|
0.64
x
|
EV / EBITDA
|
6.56
x
|
5.23
x
|
3.95
x
|
5.79
x
|
7.5
x
|
6.78
x
|
6.76
x
|
6.14
x
|
EV / FCF
|
48.7
x
|
41.5
x
|
3.62
x
|
-19.4
x
|
-6.13
x
|
85.8
x
|
17.2
x
|
14
x
|
FCF Yield
|
2.06%
|
2.41%
|
27.6%
|
-5.15%
|
-16.3%
|
1.17%
|
5.82%
|
7.17%
|
Price to Book
|
1.27
x
|
1.14
x
|
0.96
x
|
0.8
x
|
0.91
x
|
0.94
x
|
0.95
x
|
0.9
x
|
Nbr of stocks (in thousands)
|
34,426
|
34,425
|
34,425
|
34,425
|
34,425
|
34,426
|
-
|
-
|
Reference price
2 |
3,050
|
2,917
|
2,647
|
2,268
|
2,709
|
3,200
|
3,200
|
3,200
|
Announcement Date
|
09/05/19
|
14/05/20
|
12/05/21
|
13/05/22
|
12/05/23
|
15/05/24
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,34,739
|
1,46,034
|
1,32,919
|
1,14,718
|
1,24,661
|
1,41,845
|
1,47,500
|
1,52,333
|
EBITDA
1 |
13,435
|
16,063
|
15,308
|
9,185
|
11,388
|
14,422
|
15,000
|
15,900
|
EBIT
1 |
12,216
|
14,858
|
13,915
|
7,261
|
9,070
|
11,751
|
12,800
|
13,533
|
Operating Margin
|
9.07%
|
10.17%
|
10.47%
|
6.33%
|
7.28%
|
8.28%
|
8.68%
|
8.88%
|
Earnings before Tax (EBT)
1 |
12,638
|
15,448
|
14,336
|
7,826
|
11,492
|
12,281
|
13,250
|
13,950
|
Net income
1 |
8,862
|
10,657
|
9,689
|
5,326
|
7,905
|
8,296
|
9,117
|
9,617
|
Net margin
|
6.58%
|
7.3%
|
7.29%
|
4.64%
|
6.34%
|
5.85%
|
6.18%
|
6.31%
|
EPS
2 |
257.1
|
309.6
|
281.5
|
154.7
|
229.6
|
241.0
|
264.8
|
279.4
|
Free Cash Flow
1 |
1,811
|
2,026
|
16,677
|
-2,737
|
-13,922
|
1,139
|
5,900
|
7,000
|
FCF margin
|
1.34%
|
1.39%
|
12.55%
|
-2.39%
|
-11.17%
|
0.8%
|
4%
|
4.6%
|
FCF Conversion (EBITDA)
|
13.48%
|
12.61%
|
108.94%
|
-
|
-
|
7.9%
|
39.33%
|
44.03%
|
FCF Conversion (Net income)
|
20.44%
|
19.01%
|
172.12%
|
-
|
-
|
13.73%
|
64.71%
|
72.79%
|
Dividend per Share
2 |
78.00
|
93.00
|
85.00
|
85.00
|
92.00
|
97.00
|
100.0
|
103.3
|
Announcement Date
|
09/05/19
|
14/05/20
|
12/05/21
|
13/05/22
|
12/05/23
|
15/05/24
|
-
|
-
|
Fiscal Period: March |
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 Q1
|
2025 Q2
|
2025 S1
|
2025 Q3
|
2025 Q4
|
2025 S2
|
2026 S1
|
2026 S2
|
---|
Net sales
1 |
55,721
|
90,313
|
56,210
|
76,709
|
25,122
|
45,414
|
25,866
|
43,438
|
69,304
|
21,504
|
27,431
|
48,935
|
29,448
|
46,278
|
75,726
|
24,396
|
32,253
|
56,649
|
35,713
|
49,483
|
85,196
|
24,600
|
33,200
|
-
|
37,200
|
52,500
|
-
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
4,237
|
10,621
|
5,755
|
8,160
|
1,254
|
1,836
|
2,024
|
3,401
|
5,425
|
678
|
1,742
|
2,420
|
2,725
|
3,925
|
6,650
|
673
|
2,280
|
2,953
|
3,807
|
4,991
|
8,798
|
1,050
|
2,600
|
-
|
3,850
|
5,300
|
-
|
-
|
-
|
Operating Margin
|
7.6%
|
11.76%
|
10.24%
|
10.64%
|
4.99%
|
4.04%
|
7.82%
|
7.83%
|
7.83%
|
3.15%
|
6.35%
|
4.95%
|
9.25%
|
8.48%
|
8.78%
|
2.76%
|
7.07%
|
5.21%
|
10.66%
|
10.09%
|
10.33%
|
4.27%
|
7.83%
|
-
|
10.35%
|
10.1%
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
4,471
|
10,977
|
5,944
|
8,392
|
1,263
|
2,587
|
2,060
|
3,179
|
-
|
837
|
2,129
|
2,966
|
2,678
|
5,848
|
8,526
|
852
|
2,518
|
3,370
|
3,926
|
4,985
|
8,911
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
3,041
|
7,616
|
4,021
|
5,668
|
815
|
1,696
|
1,401
|
2,229
|
3,630
|
513
|
1,552
|
2,065
|
1,803
|
4,037
|
5,840
|
518
|
1,650
|
2,168
|
2,707
|
3,421
|
6,128
|
700
|
1,800
|
-
|
2,650
|
3,900
|
-
|
-
|
-
|
Net margin
|
5.46%
|
8.43%
|
7.15%
|
7.39%
|
3.24%
|
3.73%
|
5.42%
|
5.13%
|
5.24%
|
2.39%
|
5.66%
|
4.22%
|
6.12%
|
8.72%
|
7.71%
|
2.12%
|
5.12%
|
3.83%
|
7.58%
|
6.91%
|
7.19%
|
2.85%
|
5.42%
|
-
|
7.12%
|
7.43%
|
-
|
-
|
-
|
EPS
|
88.35
|
-
|
116.8
|
-
|
-
|
49.29
|
40.70
|
-
|
-
|
14.91
|
-
|
60.00
|
52.38
|
-
|
-
|
15.06
|
-
|
62.99
|
78.62
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
40.00
|
53.00
|
38.00
|
47.00
|
-
|
42.00
|
-
|
-
|
43.00
|
-
|
-
|
45.00
|
-
|
-
|
47.00
|
-
|
-
|
47.00
|
-
|
-
|
50.00
|
-
|
-
|
50.00
|
-
|
-
|
50.00
|
53.00
|
53.00
|
Announcement Date
|
08/11/19
|
14/05/20
|
12/11/20
|
12/05/21
|
10/11/21
|
10/11/21
|
08/02/22
|
13/05/22
|
13/05/22
|
09/08/22
|
10/11/22
|
10/11/22
|
09/02/23
|
12/05/23
|
12/05/23
|
09/08/23
|
09/11/23
|
09/11/23
|
08/02/24
|
15/05/24
|
15/05/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: March |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
16,875
|
16,397
|
30,718
|
24,919
|
7,854
|
5,721
|
8,800
|
12,500
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
1,811
|
2,026
|
16,677
|
-2,737
|
-13,922
|
1,139
|
5,900
|
7,000
|
ROE (net income / shareholders' equity)
|
11.1%
|
12.5%
|
10.6%
|
5.5%
|
7.9%
|
7.8%
|
7.9%
|
8.1%
|
ROA (Net income/ Total Assets)
|
9.66%
|
10.9%
|
9.96%
|
5.44%
|
6.63%
|
7.62%
|
5.3%
|
5.3%
|
Assets
1 |
91,777
|
97,439
|
97,293
|
97,848
|
1,19,308
|
1,08,897
|
1,72,013
|
1,81,447
|
Book Value Per Share
2 |
2,397
|
2,561
|
2,772
|
2,821
|
2,974
|
3,208
|
3,361
|
3,541
|
Cash Flow per Share
2 |
292.0
|
345.0
|
322.0
|
211.0
|
297.0
|
319.0
|
327.0
|
344.0
|
Capex
1 |
4,277
|
6,034
|
4,439
|
6,442
|
5,408
|
3,700
|
3,500
|
3,500
|
Capex / Sales
|
3.17%
|
4.13%
|
3.34%
|
5.62%
|
4.34%
|
2.61%
|
2.37%
|
2.3%
|
Announcement Date
|
09/05/19
|
14/05/20
|
12/05/21
|
13/05/22
|
12/05/23
|
15/05/24
|
-
|
-
|
Last Close Price
3,200
JPY Average target price
3,700
JPY Spread / Average Target +15.62% Consensus |
1st Jan change
|
Capi.
|
---|
| +0.95% | 69Cr | | -11.04% | 6.22TCr | | +2.23% | 5.91TCr | | +23.26% | 4TCr | | +13.51% | 3.14TCr | | +10.72% | 2.87TCr | | +13.38% | 2.06TCr | | +13.45% | 1.92TCr | | +70.47% | 1.78TCr | | +36.78% | 1.71TCr |
Other Construction & Engineering
|